Marlin has released the news....$15+$3.2 a wee snippet...
Marlin closes streaming deal with Golden Reign
2014-07-10 19:18 ET - News Release
Mr. John Brownlie reports
MARLIN GOLD MINING LTD. CLOSES STREAMING TRANSACTION TO LAUNCH SAILFISH ROYALTY CORP.
Marlin Gold Mining Ltd. and its wholly owned subsidiary Sailfish Royalty Corp. have closed the private placement and streaming transaction with Golden Reign Resources Ltd., as originally described in the company's press release on Feb. 26, 2014.
Private placement and streaming transaction establish a platform for growth
After completing a full suite of geological, geotechnical and metallurgical due diligence, Marlin has purchased 21,333,333 shares of Golden Reign for $3.2-million, or 15 cents per share, representing ownership of approximately 19.9 per cent of the company. The shares were acquired pursuant to the minimum amount investment exemption under applicable securities laws and were acquired for investment purposes. John Brownlie (chief executive officer of Marlin) and Akiba Leisman (chairman of Marlin) have each taken board seats at Golden Reign to oversee Marlin's interests at Golden Reign.
Sailfish, Marlin's wholly owned subsidiary, has executed definitive documentation to acquire a significant gold stream on Golden Reign's San Albino gold deposit .....